Investment Opportunity in Kitakyushu: Renovated Apartment Building Near Retro Port Area
This property presents a compelling investment opportunity in the historic port district of Kitakyushu. The building, named "Turipano Maruyama," is a four-unit apartment complex currently generating stable rental income, with three of the four units already occupied. The remaining vacant unit is currently undergoing a clean, modern renovation, making it immediately ready for a new tenant upon completion, offering an instant boost to the property's cash flow.
Critical details from the agent's notes confirm the property's facilities: it utilizes propane gas for utilities. The bathroom layout is configured with the toilet separate from the bath, a desirable feature that adds convenience for residents. The building itself is a two-story wooden structure built in August 1984, with a total floor area of approximately 188.84 square meters (about 57.12 tsubo) situated on a land area of 151.17 square meters (about 45.72 tsubo). The property is a freehold with full ownership rights.
Located in Maruyama 1-chome, Moji Ward, the area is steeped in the retro charm of the nearby Moji Port Retro district. This zone is a major tourist attraction, known for its beautifully preserved early 20th-century Western-style buildings that now house museums, cafes, and shops, creating a unique and vibrant atmosphere. The property offers excellent pedestrian access to several train stations, including a 14-minute walk to the Kyushu Railway History Museum Station on the Moji Port Retro Sightseeing Line, placing investors and potential future residents within easy reach of this scenic area and its connectivity.